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Source: http://www.reuters.com/article/2012/09/26/us-nuclear-iran-reactor-idUSBRE88P0PJ20120926
Iran Pushes Ahead in Building Heavy Water Nuclear Reactor
(Reuters) Fredrik Dahl - Iran is pressing ahead with construction of a heavy-water reactor near the town of Arak, which analysts say could produce plutonium for nuclear arms if the spent fuel is reprocessed. Iran now plans to bring Arak on line in the third quarter of 2013, according to the UN. One Vienna-based diplomat said, "As long as we still don't trust Iran's nuclear intentions, even the elimination of its enrichment capability will not eliminate all the danger." If operated optimally, the heavy-water plant would produce about 9 kg. of plutonium annually, enough for about two nuclear bombs each year, said the U.S.-based Institute for Science and International Security.